More Questions on Indian Economy
- Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
A)Services sector
B)Food processing
C)Chemicals other than fertilizers
D)Telecommunication
Answer: Telecommunication
- Q. In India Yellow revolution is associated with:
A)production of oil seeds.
B)production of flower
C)production of tea
D)production of paddy
Answer: production of oil seeds.
- Q. Navaratna Status is concerned with:
A)Private Sector Companies
B)Public Sector Companies
C)Both A and B
D)None of the above
Answer: Public Sector Companies
- Q. The co-operative credit societies have a
A)three-tier structure
B)two-tier structure
C)four-tier structure
D)five-tier structure
Answer: three-tier structure
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To make Sangam region of Allahabad more attractive for tourists
C)To increase the welfare of the disabled
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- Q. The number of finance commissions set up upto now is:
A)14
B)15
C)13
D)16
Answer: 15
- Q. The national food for work programme was launched in:
A)April 2003
B)November 2004
C)May 2002
D)April 2000
Answer: November 2004
- Q. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
A)Rs 500
B)Rs 400
C)Rs 1000
D)Rs 300
Answer: Rs 300
- Q. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A)grant-in-aids
B)loans
C)tax sharing
D)All the above
Answer: All the above
- Q. ICICI is the name of a
A)bureau
B)chemical industry
C)corporation
D)financial institution
Answer: financial institution
- Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
A)NITI Ayog
B)The Comptroller General of Accounts
C)RBI
D)None of these
Answer: The Comptroller General of Accounts
- Q. Which of the following items would not appear in a company’s balance sheet?
A)Total issued capital
B)Revenue from sales of the company's products
C)Value of stocks of raw materials held
D)Cash held at the bank
Answer: Revenue from sales of the company's products
- Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
A)Jawahar Lal Nehru
B)Prasanta Chandra Mahalanobis
C)Mahatma Gandhi
D)B.R. Shenoy
Answer: Prasanta Chandra Mahalanobis
- Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
A)II, III
B)I, II, III
C)I, III
D)I, II
Answer: I, II
- Q. The currency convertibility concept in its original form originated in
A)Bretton Woods Agreement
B)Wells Agreement
C)Taylors Agreement
D)None of the above
Answer: Bretton Woods Agreement
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. How many banks were nationalized in 1969?
A)14
B)15
C)16
D)20
Answer: 14
- Q. The central co-operative banks are in direct touch with
A)state co-operative banks
B)farmers
C)land development banks
D)central government
Answer: state co-operative banks
- Q. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
A)83 percent
B)80 percent
C)90 percent
D)100 percent
Answer: 100 percent
- Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
A)China
B)South Korea
C)Taiwan
D)Japan
Answer: Japan
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